Get started

OLN

Olin Corporation | OLIN | Long at $21.81Olin Corp NYSE:OLN is currently trading within my "crash" simple moving average area (green lines on the chart). Historically, the price trades within this area for the company, consolidates, and then moves up. After today's earnings, which were relatively positive, the stock may gain some traction and move up. However, I am cautious a media-heightened economic downturn could send NYSE:OLN (a global manufacturer of chemical products and ammunition) to $13 to close the existing price gaps on the daily chart. Regardless, it's a strong company that has been trading on the US stock exchange since the mid-1970s - it's seen rough times before. While 2025 is likely to be a tough year, future earnings projections predict robust earnings growth. Time will tell... Thus, at $21.81, NYSE:OLN is in a personal buy-zone with noted caution if there is an economic downturn down to $13 a share. The price gap around $19 may also be closed in the near-term. Targets into 2028: $28.00 (+28.4%) $31.50 (+44.4%)
NYSE:OLNLong
by WorthlessViews
Pre-Market Update: OLNOLIN bounced off of the $22.98 after breaking/retesting Downward Trend Support Levels that have been support since Sept 2024. We are looking for a Top-Level Resistance breakout back to the $28 - $ 30s for a decent 20-30% in the Trade. If not, back to the 50% Retracement around the $36.26 over a longer timeframe if the company can reverse the recent stock pullbacks. Analysts have a $33 Price Target on this as well so potential for a quick breakout play here.
NYSE:OLNLong
by MyMIWallet
OLN is bullish nowOn the chart we can see the falling wedge pattern. The price broke out of the wedge and it's reasonable to expect the continuation to the upside. The price still may come back down to retest the downsloping resistance and backtest it in order to confirm it as a support which would be a perfect entry. However, entering long now on the pullback is also justified as the backtest may occur but it's not certain. The final target from the falling wedge is 65,50. The breakout was very explosive so we rule out the fakeout scenario. Good luck
NYSE:OLNLong
by vf_investment
11